B.Com (Hons.) (CBSE)
Semester - II
C 203-Corporate Accounting (6 Credits) Lectures: 60 Tutorials: 5
Full Marks: 100 (Internal Assessment 20 + 80 End-Term)
Our Objectives: To help the students to acquire the conceptual knowledge of the corporate accounting and to learn the techniques of preparing the financial statements.
Unit 1: Accounting for Share Capital & Debentures 14 L+ 1 T Marks: 20
Issue, forfeiture and reissue of forfeited shares: concept & process of book building; Issue of rights and bonus shares; Buy back of shares; Redemption of preference shares; Issue and Redemption of Debentures.
Unit 2: Final Accounts 14 L + 1 T Marks: 20
Preparation of profit and loss account and balance sheet of corporate entities, excluding calculation of managerial remuneration, Disposal of company profits, Accounts of Banking Companies.
Unit 3: Valuation of Goodwill and Valuation of Shares and Cash flow Statement. 12L+ 1 T Marks: 14
Concepts and calculation: simple problem only, Cash Flow Statement.
Unit 4: Amalgamation of Companies. 11 L + 1 T Marks: 14
Concepts and accounting treatment as per Accounting Standard: 14 (ICAI) (excluding inter-company holdings). Internal reconstruction: concepts and accounting treatment excluding scheme of reconstruction.
Unit 5: Accounts of Holding Companies/Parent Companies 9 L + 1 T
Marks: 12
Preparation of consolidated balance sheet with one subsidiary company. Relevant provisions of Accounting Standard: 21(ICAI).